XRP is experiencing a tightening supply on Binance, with its scarcity index hitting the highest level since July 2024, indicating fewer tokens available for immediate sale. Large holders, or whales, have moved over 1.10 billion XRP tokens recently, showing active redistribution amid stable prices around $1.39. Futures data suggest the market is stabilizing after previous leverage spikes, with open interest cooling down. The next price movement depends on whether the tightening supply on exchanges can offset whale activity and overall market weakness, while some forecasts predict XRP could reach $6.53 by year-end due to growing institutional adoption and use cases.
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
Bitcoin held steady around $65,500 while Ethereum surpassed $1,900 for the first time since February, amid softer-than-expected inflation data that boosted stock markets. Despite geopolitical tensions with Iran, investors showed cautious optimism, wi...
Ripple executives urged the U.S. Senate to pass the CLARITY Act, warning that rejecting the bill would maintain regulatory gaps exposing crypto users to risks similar to the FTX collapse. The Act aims to clarify oversight by sharing authority between...
Bitcoin is recovering after a long downtrend, stabilizing around $65,000 and aiming to break key resistance levels at $68,500 and $74,500. Ethereum is performing better, approaching its 100-day EMA resistance near $1,944 with strong buying momentum. ...
